408, Farhad Azizi Residence
Sold prices and rental history: sold twice, last in November 2022, and rented once, from June 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Farhad Azizi Residence
What is 408 worth today?
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Source: Dubai Land Department. Updated 1 June 2025.
Key facts
- Type
- Studio apartment
- Size
- 362 sqft
- Parking
- B-64
- Developer
- Azizi Developments
- Completed
- 2022
- Service charge
- AED 5,400 /yr
- Last sold
- AED 560K · November 2022
- Building
- Farhad Azizi Residence
About 408, Farhad Azizi Residence
408 is a studio of 362 sqft of Farhad Azizi Residence, a 17-storey tower in Al Jadaf completed in 2022 by Azizi Developments. It last sold on 4 November 2022 for AED 560,000, or AED 1,548 per sqft, 4% above the AED 1,490 studios in the building were fetching at the time.
One Ejari contract is registered, from 1 June 2025. The current contract, signed on 1 June 2025, is AED 60,000 a year: a gross yield of 10.7% on the 2022 price, before the service charge of about AED 5,400 a year.
Sales and rents for 408 over time
408 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Farhad Azizi Residence, and where 408 sits
All 391 studios →408 last sold in November 2022 at AED 1,548 per sqft, 4% above what studios in Farhad Azizi Residence were fetching at the time (AED 1,490). Over the last 12 months studios sold for AED 540,000 to 1,052,870, around AED 1,984 per sqft, and rent for AED 32,000 to 80,000 a year. 408's AED 60,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Sep 202623 September 2026 | 540 sqft | 695,000 | 1,286 | ||
| 3 Sep 20263 September 2026 | 392 sqft | 670,000 | 1,708 | ||
| 25 Jul 202625 July 2026 | 366 sqft | 872,900 | 2,383 | ||
| 17 Jul 202617 July 2026 | 353 sqft | 6,083 | 17 |
Farhad Azizi Residence
Building89 apartments, studios to 3-bed over 17 floors in Al Jadaf, completed in 2022 by Azizi Developments. 49 sold in the last 12 months.
- Typical price per sqft
- AED 1,897 Up 4.2%
- Typical sale
- AED 811K
- Typical rent
- AED 60K /yr
- Typical yield
- 7.1%
408, Farhad Azizi Residence in numbers
- Sold twice: first on 1 July 2022 for AED 507,580, last on 4 November 2022 for AED 560,000 (AED 1,548 per sqft).
- Rented since June 2025 on one Ejari contract, at AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2022 price is 10.7%, before a service charge of about AED 5,400 a year (AED 14.89 per sqft).
- Studios in Farhad Azizi Residence sold for AED 540,000–1,052,870 in the 12 months to November 2026; the building's median across all types is AED 1,897 per sqft.
Source: Dubai Land Department. Updated 1 June 2025.
Questions about 408, Farhad Azizi Residence
What did unit 408 last sell for?
AED 560,000 on 4 November 2022: AED 1,548 per sqft for 362 sqft. The unit has 2 registered sales; the first was AED 507,580 in July 2022.
What is the rent for unit 408?
AED 60,000 a year on the contract signed on 1 June 2025.
How big is unit 408?
362 sqft (33.6 sqm): a studio of a 17-storey tower completed in 2022.
What is unit 408 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Farhad Azizi Residence sold for AED 540,000 to 1,052,870 in the last 12 months, around AED 1,984 per sqft.
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Mortgage on 408, Farhad Azizi Residence
Starts from the last sale price (AED 560K, 4 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 560,000
- Deposit, UAE resident (20%)
- AED 112,000
- Deposit, non-resident (40%)
- AED 224,000
- Monthly over 25 years at 3.7%
- AED 2,291
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →